Rising Trade Disputes Drive Gold Prices: Gold prices have been climbing steadily since the start of Tuesday’s trading session, fueled by ongoing global trade tensions. Recent actions and statements from U.S. President Donald Trump have intensified market uncertainty, pushing investors toward safe-haven assets like gold. The precious metal rose to …
Read More »Bitcoin Retesting $112,000 As Sharp Surge Sparks Optimism
Bitcoin’s price surged 2.8% on July 9, 2025, marking its largest single-day gain in six days and breaking out of a tight five-day trading range between $107,350 and $109,800. This rally pushed Bitcoin above the June high of $110,530, retesting its all-time high of $112,000 set in May. The breakout …
Read More »US Dollar Surges as Trump’s Tariff Threats and Robust Jobs Data Fuel Market Confidence
The US Dollar is riding a wave of renewed strength, climbing above 97.50 on the US Dollar Index (DXY) after a brief dip during Asian trading hours. Buoyed by stronger-than-expected labor market data and escalating trade rhetoric from President Donald Trump, the Greenback is holding firm as investors navigate a …
Read More »Tariffs and Inflation: Fed’s Musalem Signals Caution Amid Economic Strength
The U.S. economy is riding a wave of resilience, but storm clouds may be gathering on the horizon, according to St. Louis Federal Reserve President Alberto Musalem. In a recent statement, Musalem painted a picture of an economy in robust health, with a labor market humming at or near full …
Read More »U.S. Stock Futures Dip Amid Tariff Concerns and Corporate News
U.S. stock index futures edged lower on Thursday, retreating slightly from the prior session’s strong gains as investors absorbed the latest tariff announcements from President Donald Trump. Stock Market Movement At 05:50 ET (09:50 GMT), Dow Jones Futures were down 105 points, or 0.2%, S&P 500 Futures fell 12 points, …
Read More »Oil Prices Decline as Tariff Concerns and U.S. Trade Policy Weigh on Global Economic Outlook
Oil prices experienced moderate declines on Thursday as traders grappled with the potential impact of U.S. President Donald Trump’s latest tariff threats on the global economy. Oil Price Movement Brent crude futures dropped 23 cents, or 0.3%, to $69.96 a barrel, while U.S. West Texas Intermediate crude lost 32 cents, …
Read More »Bitcoin Hits Record High Amid Institutional Demand but Faces Profit-Taking and Trade Concerns
Bitcoin rose on Thursday, though it hovered below its record high of nearly $112,000 that was briefly touched a day earlier. Profit-taking and fresh concerns over U.S. trade tariffs kept investor enthusiasm in check, despite the cryptocurrency hitting an all-time high earlier in the week. Bitcoin Hits Record High on …
Read More »European Stocks Edge Higher Despite New U.S. Tariff Announcements
European stocks edged higher on Thursday, showing resilience despite the latest round of trade tariffs announced by U.S. President Donald Trump. Investors appeared to remain cautiously optimistic, even amid the increasing uncertainty surrounding global trade relations. U.S. President Trump Imposes New Tariff Rates On Wednesday, President Trump sent out letters …
Read More »Asian Stocks Edge Higher Despite U.S. Tariff Concerns, South Korea Leads Gains
Asian stock markets mostly advanced on Thursday, with technology shares leading the way after gains in Nvidia, which recently crossed a $4 trillion valuation. However, lingering concerns over U.S. trade tariffs tempered some of the optimism, particularly in Japan. Japanese Stocks Weighed Down by U.S. Tariffs The Nikkei 225 was …
Read More »Gold Prices Edge Up as Copper Prices Rally Amid U.S. Tariff News
Gold prices saw modest gains on Thursday, remaining within a recently established trading range, while U.S. copper futures extended their rally after President Donald Trump’s confirmation of plans to impose tariffs on copper imports. Gold’s Limited Safe Haven Demand Amid Trade Tariff Uncertainty Spot gold rose by 0.3%, reaching $3,323.72 …
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